The World Bank has announced that from 2019 it will stop financing upstream oil and gas operations, as part of a series of commitments to boost its climate contributions towards implementing the Paris Agreement.

More than 80 leading economists from 20 countries have signed a Declaration on Climate Finance urging for an immediate end to investment in new fossil fuel projects and a dramatic increase in renewable energy investment.

More than 3,500 European utility companies have declared a new vision for the electricity sector officially committing to lead the low-carbon energy transition calling on policymakers to accelerate electrification.